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PM highlights challenges of double-digit growth

India needs to tackle economic imbalances

The Prime Minister greeting chief ministers at the meeting, along with Home Minister Rajnath Singh as well as Women and Child Development Minister Maneka Sanjay Gandhi.

Prime Minister Narendra Modi has highlighted the challenge to take the economic growth to double digits, as many more important steps have to be taken.

The economy has grown at a healthy rate of 7.7% in the fourth quarter of 2017-18.

Modi delivered the opening remarks at the fourth meeting of the Governing Council of NITI Aayog, in New Delhi on 17 June 2018.

“The vision of a New India by 2022, is now a resolve of the people of our country,” he said.

The Prime Minister said that schemes such as Mudra Yojana, Jan Dhan Yojana and Stand Up India, are helping in greater financial inclusion.

He emphasized the need for tackling economic imbalances on priority.

The Prime Minister said India has no shortage of capabilities, capacities and resources.

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